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To: Les H who wrote (6468)3/10/2003 8:22:45 PM
From: ajtj99  Read Replies (1) | Respond to of 29601
 
Les, would you care to expound a bit on the 5-day TRIN > 2.50 part of your scan?

I know it's extreme, but I'm wondering if you're flagging it due to some statistical probabilities.



To: Les H who wrote (6468)3/11/2003 7:42:15 PM
From: Les H  Read Replies (1) | Respond to of 29601
 
TRIN, A/D, and U/D for Tuesday Mar 11, 2003

5d TRIN 10d TRIN 10d A/D 10d U/D 21d A/D 21d U/D
DJIA/NYSE 2.42 2.06 0.87 0.72 0.94 0.84
OTC 1.46 1.47 0.79 0.63 0.88 0.87
S&P 500 1.08 1.10 0.67 0.65 0.83 0.86
S&P 100 1.34 1.27 0.66 0.65 0.84 0.89
NASDAQ 100 1.24 1.33 0.70 0.59 0.92 0.93

TRIN overbought <= 0.75 oversold >= 1.25
Adv/Dec ratio overbought >= 1.15 oversold <= 0.85
Up/Dn vol ratio overbought >= 1.15 oversold <= 0.85

Note: the above TRINs use an exponential average of daily TRIN values.
below, I've provided the normal TRINs that use a regular moving avg.

5d TRIN 10d TRIN
DJIA/NYSE 2.04 1.86 *** 5d TRIN > 2.5 watch ***
OTC 1.39 1.64
S&P 500 1.20 1.10
S&P 100 1.16 1.10
NASDAQ 100 1.41 1.55

TRIN, A/D, and U/D for Wednesday Oct 9, 2002

5d TRIN 10d TRIN 10d A/D 10d U/D 21d A/D 21d U/D
DJIA/NYSE 1.20 1.34 0.67 0.55 0.70 0.55
OTC 1.06 1.31 0.65 0.55 0.68 0.60
S&P 500 0.96 1.08 0.58 0.54 0.58 0.56
S&P 100 1.03 1.16 0.59 0.52 0.60 0.53
NASDAQ 100 1.18 1.23 0.58 0.52 0.61 0.58

TRIN, A/D, and U/D for Tuesday Jul 23, 2002

5d TRIN 10d TRIN 10d A/D 10d U/D 21d A/D 21d U/D 55d A/D 55d U/D
DJIA/NYSE 1.30 1.35 0.47 0.41 0.65 0.51 0.79 0.63
OTC 1.07 1.24 0.60 0.71 0.72 0.76 0.78 0.75
S&P 500 1.05 0.92 0.36 0.49 0.51 0.57 0.67 0.66

TRIN, A/D, and U/D for Friday Sep 21, 2001

5d TRIN 10d TRIN 10d A/D 10d U/D 21d A/D 21d U/D 55d A/D 55d U/D
DJIA/NYSE 1.00 1.14 0.45 0.38 0.66 0.50 0.89 0.73
OTC 1.36 1.39 0.48 0.37 0.64 0.49 0.79 0.69
S&P 500 0.96 1.04 0.40 0.35 0.58 0.47 0.79 0.69